A lot of companies would be pleased as punch to generate $13.5 billion in any given three-month period. But there’s only one Intel, and that figure represents a 20 percent year-over-year decline in third-quarter revenue, which the company attributed to a challenging economy and weakening PC demand as the world recovers from a pandemic. As

Source: Hot Hardware – Intel Upbeat As It Enters Aggressive Cost-Cutting Mode Amid Deteriorating PC Demand